Archive for December 13th, 2009

Deeper Analysis

Bank of Japan Business Survey Not As Poor As Feared

December 13, 2009

The Bank of Japan survey of businesses, known as the Tankan, depicted better conditions now than last September, but projected large reduction in sales, earnings, and business spending this fiscal year underscore the fragility of the outlook following Japan’s worst postwar recession.  Diffusion indices in the table below were derived by subtracting the percent of […] More